AUDJPY Long

Timeframe: 4H

Made a higher high on the daily chart, so now looking to go long on the lower timeframes. Entering this trade on a 50% C leg retracement, which matches up with a BRC and close to a bullish TL support touch.

SL placed below the 78.6% fib level, and TP set at a daily target level. Excellent RR.
AUDJPYaudjpylongTrend Analysis

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